FDP - Fresh Del Monte Produce Non-GAAP EPS of $0.43 misses by $0.31 revenue of $1.21B beats by $60M
- Fresh Del Monte Produce press release ( NYSE: FDP ): Q2 Non-GAAP EPS of $0.43 misses by $0.31 .
- Revenue of $1.21B (+6.1% Y/Y) beats by $60M .
- Adjusted operating income was $33.4 million compared with $60.6 million in the prior-year period. The decrease in operating income was primarily due to lower gross profit, partially offset by lower administrative and advertising expenses
- Adjusted EBITDA for the second quarter was $55.7 million compared with $83.6 million in the prior-year period, and corresponding Adjusted EBITDA margin was 4.6% compared with 7.3% in the prior-year period.
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Fresh Del Monte Produce Non-GAAP EPS of $0.43 misses by $0.31, revenue of $1.21B beats by $60M